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Principles for An Effective Risk Appetite Framework

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Principles for An Effective Risk Appetite Framework 18 November 2013 i Table of Contents Page I. Introduction ........................................ ........................................ ....................................... 1 II. Key definitions ........................................ ........................................ .................................. 2 III. Principles ........................................ ........................................ ........................................ .. 3 1. Risk Appetite Framework ........................................ ........................................ ................... 3 An Effective RAF ........................................ ........................................ .................... 4 2. Risk Appetite statement ........................................ ........................................ ..................... 5 An Effective risk Appetite statement.

1 I. Introduction Increasing the intensity and effectiveness of supervision is a key component of the Financial Stability Board’s (FSB’s) framework, endorsed by G20 Leaders, to reduce the moral hazard of

  Risks, Stability, Framework, Financial, Board, Financial stability board

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